About Successful bid price of wind solar storage project in Greece 2025
Greece has awarded 502.94 MW of wind and solar power capacity in its latest mixed renewables tender, with bids hitting as low as EUR 49.11 (USD 53.06) per MWh. Results from the tender, launched at the start of this month, were announced by the country’s Regulatory Authority for Energy (RAE).
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3 FAQs about [Successful bid price of wind solar storage project in Greece 2025]
How much does a wind farm cost in 2023?
The maximum prices are the same as in last year’s auction for domestic projects. As for the auctions to take place in 2023, the prices were set at EUR 70 per MWh for PV and at EUR 83 per MWh for wind farms. Investors that win at the joint tenders will have a maximum of 36 months to realize wind projects and 30 months for PV.
How many MW of new battery storage capacity does Greece have?
The Greek authorities have awarded 300 MW of new battery storage capacity in its second energy storage tender. The 11 winning projects range in size from 8.875 MW/17.75 MWh to 49.9 MW/100 MWh.
How long does it take to realize a solar project?
Investors that win at the joint tenders will have a maximum of 36 months to realize wind projects and 30 months for PV. In the case of special auctions, the time is set at 23 months for solar power and 24 months for wind. For projects combining renewables and storage, the available time is 36 months for wind and 30 for PV.
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